Page 694 - PERSIAN 4 1899_1905
P. 694

150      ADMINISTRATION REPORT ON THE PERSIAN GULF POLITICAL





                  Part VII.—BEPORT ON THE TRADE OF THE BAHREIN ISLANDS
                                        FOR THE TEAR 1904.
                      The trade of Bahrein during the past year has maintained the improYed
                  position arrived at in the preceding year under most adverse conditions.
                      An epidemic of cholera raged throughout the Islands betweon May and
                  September, from which over 6,000 deaths are estimated to have resulted.
                      A large number of the inhabitants fled to other parts of the Gulf at the
                  commencement of the outbreak and precautionary measures, varying in degree
                  of severity, were adopted in the Arab and Persian ports against imports from
                  Bahrein.
                      During the first four months of the year an embargo imposed by the Persian
                   Customs authorities against the exportation of cattle was also felt severely here,
                   as dates are the only staple of food which has not to be imported.
                      On the other hand, the take of pearls has been good, and the date crop was
                  very satisfactory.
                      Messrs. Gray, Paul & Co., of London and Bushire, have opened  a new
                   branch here, their agent, Mr. B. S. Milborrow, having commenced operations
                   in April 1904.
                      The business of several Persian merchants from Bushire is also said to be
                   increasing rapidly, to the detriment to some extent of the Bindu traders who
                   have for so many years been established in Manama and Moharrag.
                      The German firm of Herr Robert Wonckbaus of Lingah and Bahrein was
                   busy throughout the year, and it is believed that they contemplate opening
                   another agency in Bushire at once.
                       The demand for cotton textiles in Bassa is still increasing. This accounts
                   for the large export of this material from Bahrein.
                       The imports of rice were slightly less than in 1903. Stocks, however, at
                   the end of the year were large. The closer supervision exercised by tho
                   Persian Customs authorities on small villages now, and the fact that Koweit
                   has commenced to be served regularly by Reamers of the British India Steam
                   Navigation Company from India are having an injurious effect upon the transit
                   trade of Bahrein generally, and in this commodity in particular.
                       Of coffee the quantity imported was much smaller than usual until the
                   latter part of the year, when high prices in European markets showed signs of
                   being maintained, merchants exhibited no inch natron to order ahead large
                   quantities, but held off in the hope of a drop in prices. Consequently only
                   sufficient for requirements at the close of the pearl-fishing season was imported.
                       Stocks on hand at the close of the year were but «mall
                       The impart of dates from Arab coast ports was considerably in   of
                   past years. It is estimated that 10,000 cwt?. were on hand on 31st December,
                   awaiting shipment to Egypt, Jeddah, and other Red Sea ports. The explana­
                   tion is that the caravan route beyond Bassa to the Red Sea is believed to be
                   particularly unsafe this year.
                       The season’s pearl-fishing proyed exceptionally good. Merchants, however,
                   had incurred, considerable losses on their previous season’s speculations, and there
                   has been a largo accumulation of unsold pearls, very many having been returned
                    from Bombay by the broken.
                       Divers, therefore, found it a difficult matter to realize the prioes they
                    demanded. A reported improvement, however, in the Indian and European
                    markets has ultimately led buyers being forthcoming at prioes which leave
                    the divers a fair margin of profit
                       Shell exports continued on a fair scale, although not so large as in DEIS*
                    the prioes ruling in the European markets not offering sufficient inducement to
                    shippers to pack and send forward: about €00 tons ait bring held.
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